C_TS4CO_20DC

You want to derive the profitability segment for a line item in the universal journal using SAP S/4HANA standard configuration. What requirements must be fulfilled? Note: There are 2 correct answers to this question. A. Costing-based Profitability Analysis must be active. B. Account-based Profitability Analysis must be active. C. The type of the addressed ledger must be an extension ledger. D. The type of the general ledger account must be primary cost/revenue or secondary cost.

To which object can you settle an internal order using cost elements with cost element category 21 (internal settlement)? Note: there are 3 correct answers to this question. A. sales order item. B. WB5 element. C. General ledger account. D. Network. E. Asset.

You want to create a new standard cost estimate based on the quantity structure of the existing standard cost estimate. Which object do you use?. A. Costing type. B. Reference variant. C. Transfer Control. D. Costing version.

How does the system derive the requirement type from the material master data? Note: There are 2 correct answers to this question. A. MRP group -> requirements class -> planning strategy -> requirements type. B. MRP group -> Strategy group -> planning strategy -> requirements type. C. Strategy group -> planning strategy -> requirements class -> requirements type. D. Strategy group -> planning strategy -> requirements type.

You have implemented Product Cost by Sales Order in conjunction with cost-based POC results analysis in your organization. For a particular sales order item, you have the following: Plan revenue = 3000; Plan costs = 2000 Actual revenue = 1200; Actual costs = 1000 What data does the system calculate during results analysis?. A. 'Revenue = 1500; Cost of sales = 1000; Revenue surplus = 300'. B. 'Revenue = 1200; Cost of sales = 1000; Capitalized revenue (revenue in excess of billings) = 200'. C. 'Revenue = 1500; Cost of sales = 1000; Capitalized revenue (revenue in excess of billings) = 300'. D. 'Revenue = 1200; Cost of sales = 1000; Revenue surplus = 200'.

In SAP S/4HANA, you have decided to activate only account-based profitability analysis for your organization. You want to settle costs and revenue of a sales order item to a profitability segment. What do you need to configure?. A. Source structure. B. Allocation structure. C. Cost component structure. D. PA transfer structure.

At what level do you create the structure of the operating concern?. A. Sales organization level. B. Controlling area level. C. Client level. D. Company code level.

You want to understand why cost are collected on sales order item level. What do you need to in the configuration? Note: There are 3 correct answers to this question. A. Requirement type. B. Requirements class. C. Valuation variant. D. Costing type. E. Account assignment category.

What are some of the characteristics of SAP Core Data Services (CDS) views? Note: There are 3 correct answers to this question. A. CDS views are considered system modifications. B. CDS views have ready-to-use content. C. CDS views duplicate data for reporting efficiencies. D. CDS views have no latency. E. CDS views support authorization.

You want to run an assessment cycle in Profitability Analysis to allocate cost center costs during period-end closing for your organization. Which of the following objects is part of the assessment cycle?. A. Cycle iteration. B. Tracing factor. C. Sender cost objects. D. Template.

You want to prevent reporting extreme periodic fluctuations in your P&L statement. Which Management Accounting activity should you choose to help spread irregular expenses throughout the fiscal year?. A. Periodic reporting. B. Accrual calculation. C. Budget availability control. D. Indirect activity allocation.

How can you populate local variables in Profitability Analysis reports?. A. By populating from user parameters. B. By user exit. C. By Business Add-In. D. By user entry during report execution.

What are the prerequisites for automatic generation of the settlement rule to a market segment for a sales order item? Note: There are 2 correct answers to this question. A. The sales order item is a cost object. B. Profitability Analysis (CO-PA) is activated. C. The material in the sales order item is a service. D. The sales order item is assigned to a project.

What are some of the unique attributes of an assessment cycle in Controlling? Note: There are 2 correct answers to this question. A. They use a secondary cost element during transfer. B. They transfer only primary costs. C. They transfer primary and secondary costs. D. They use the original cost element during transfer.

Which processes split costs into their primary cost components? Note: There are 2 correct answers to this question. A. Execution of the assessment cycles. B. Business process price calculation. C. Settlement of internal orders. D. Cost center/activity type price calculation.

What can you manage via the account assignment category? There are 2 correct answers to this question. Separate sales order stock. Valuated sales order stock. Product cost by sales order. Costing variant.

Which of the following statements best describe Product Cost by Period? Note: There are 2 correct answers to this question. A. It is used when periodic costs outweigh daily postings. B. It is used to analyze work in process (WIP) based on actual costs. C. It is used when the focus of controlling is on a stable and continuous production process. D. It is used in conjunction with a product cost collector.

Why would you use manual cost allocation in Controlling? Note: There are 2 correct answers to this question. A. To run simple allocations of actual data. B. To run simple allocations of plan data. C. To correct secondary postings. D. To allocate costs using an allocation cycle.

How can you define the overhead rate in a costing sheet? Note: There are 2 correct answers to this question. A. As equivalence number. B. As quantity-based surcharge. C. As lot-based surcharge. D. As percentage rate.

What are some of the characteristics of planning for internal orders? Note: There are 2 correct answers to this question. A. You can plan multiple versions. B. You can enter costs and revenues. C. You can define tolerance limits for plan overspend. D. Availability control can check against plan values.

Which of the following statements are applicable to automatic account assignment in SAP S/4HANA? Note: There are 2 correct answers to this question. A. It can be overwritten in the application. B. It can be defined for postings on general ledger accounts of secondary costs type. C. It takes precedence over validation and substitution. D. It can be defined for postings on general ledger accounts of primary costs type.

You want to use template to consider overhead during product costing. How do you assign the template to your material?. A. Using an overhead group and an overhead key. B. Using a profit center and an overhead key. C. Using an origin group and an overhead group. D. Using a special procurement type and an overhead group.

What master data objects can you set up using time-based fields? Note: There are 2 correct answers to this question. A. Cost centers. B. Statistical key figures. C. Activity type. D. Cost element.

What are some of the objectives of Profitability Analysis? Note: There are 2 correct answers to this question. A. Provide the company with information on the performance of its market segments. B. Allow the company to determine if the sales force achieved their contribution margin goals. C. Provide the company with a detailed view of its financial statements by areas of responsibilities. D. Allow the company to determine standard costs and revenues according to the period accounting method.

For which of the following situations would you need to implement the transfer price solution in SAP S4/HANA?. A. Parallel variation views of the same logistical flows are needed to differentiate between legal and profit center valuation. B. Parallel price calculation and invoicing are needed to facilitate intercompany reconciliation. C. Parallel accounting is needed in order to be compliant with different accounting principles. D. Parallel costing is needed in order to calculate separate costs of goods manufactured for different accounting principles.

What do we need to setup in order to bring the values incoming sales order into account-based Profitability Analysis?. A multi-valuation ledger. An extension ledger of type "Simulation". An extension ledger of type "Prediction and Commitment". A new standard G/L ledger with exclusive usage of "Prediction".

How does SAP S/4HANA capture costs? Note: there are 2 correct answers to this question. All primary and secondary costs are captured by creating them as costs elements. Primary and secondary costs are captured in general ledger accounts. Only primary costs are captured in general ledger accounts. Secondary costs are captured as secondary cost element, and not as general ledger accounts.

Your are setting up costing-based Profitability Analysis for your organization. How do you configure the different market segments?. As divisions. As key figures. As characteristics. As value fields.

You want to maintain a cost component structure. What can you determine for each cost component? Note: There are 3 correct answers to this question. Assignment of cost component to calculation base for overheads in costing sheet. Relevance of cost component to result analysis. Relevance of cost component to goods manufactured. Relevance of cost component to inventory valuation. Assignment of cost component of cost component group.

Which setting in the cost center master data do you use to assign the same attributes to similar cost center?. Standard hierarchy node. Cost center category. Cost center type. Object class.

You want to create cost centers for your company. What is the prerequisite to build an organizational structure for overhead cost controlling?. Person responsible. Standard hierarchy top node. Profit center. Cost center categories.

Which parameters are controlled by the costing type in a costing variant? Note: There are 2 correct answers to this question. Costing sheet. Price for materials. Save with date key. Price updates.

In the material master record there are three planned prices: "Planned price 1", "Planned price 2" and "Planned price 3". What do you use them for?. To valuate goods movement. To update the standard price during the release of a standard cost estimate. To valuate the materials in cost estimates. To valuate material stocks.

You are running an indirect activity allocation. What do you post to the sender and receiver?. You post both quantity and cost to the sender, and cost only to the receiver. You post only cost to both the sender and receiver. You post both quantity and cost to the receiver, and cost only to the sender. You post quantity and cost to both the sender and receiver.

Which field can you select for both reporting in costing based and account-based Profitability Analysis?. Cost element. Version. Value in Controlling Area Currency. Record type.

You are considering using commitment management with internal orders. What do you need to do in configuration?. Activate commitment management in both the version and the order type. Activate commitment management only in the controlling area. Activate commitment management in the controlling area, the order type, and in individual internal order master data. Activate commitment management in both the controlling area and the order type.

Which default values can you configure for the product cost collector? Note: There are 2 correct answers to this question. Variance variant. Costing variant for preliminary costing. Result Analysis (RA) Version. Result Analysis (RA) key.

What can you do with statistical internal orders?. Settle costs to a cost center. Apply overhead rates to the internal order. Simultaneously post to a cost center. Transfer posting to another internal order.

In a standard system delivery, how many free characteristics can be added to an operating concern?. 71-100. 0-70. 101-150. Over 150.

You are implementing SAP S/4HANA and you want to run analytical reports off a single data model. Which statement best describes reporting in SAP S/4HANA?. Reporting on data in real time is difficult, and complex to design. Reporting on data is available in real-time at every level of detail. Reporting analytical data is always done in a business warehouse system. Reporting can be either broad and deep for analysis, or speedy and simple, but not both.

What does SAP/S4HANA select line-item-based data for costing based Profitability Analysis reports?. It select actual data from table CE1XXXX and plan data from CE2XXXX. It select actual data from table CE2XXXX and plan data from CE3XXXX. It select actual data from table ACDOCA and plan data from COSP. It select actual data from table ACDOCA and plan data from ACDOCP.

What parameters can you set up when defining order types? Note: There are 2 correct answers to this question. Define document type. Define source structure. Define default parameters for master record fields. Allow revenue postings.

You are setting up a direct internal activity allocation in SAP S4/HANA. What is valid receivers for the activity? Note: There are 3 correct answers to this question. Internal order. Profit center. General ledger account. WBS element. Sales order item.

What are some of the characteristics of Profit Center Accounting in SAP S/4HANA? Note: There are 2 correct answers to this question. It can be used in the settlement rule for internal order. It can be used with period and/or cost of sale accounting. It is integrated in the universal journal. It is possible to derive the profit center from the segment in configuration.

You would like to allocate primary and secondary costs from a cost center to another cost center. Which allocation method will you use?. Distribution. Direct activity allocation. Periodic reposting. Assessment.

In which module do you process profit center allocations in SAP S/4HANA?. Product cost accounting. General ledger accounting. Cost center accounting. Account-based profitability analysis.

Which statement best describes the Query Browser for reporting?. It is a desktop browser that integrates with SAP S/4HANA. It is a design studio app that comes as standard SAP Fiori content. It is the frontend used to define reports in Analysis for Office. It is available as an additional license product in SAP S/4HANA.

You define rules in a status profile and assign the profile to your internal order type. What do you use the status profile for? Note: There are 3 correct answers to this question. To define users for the order. To permit or forbid specific transactions. To activate the CO partner update. To set the initial status as Created or Released. To define the user status.

You want to determine which operations of the routing should be considered in a product cost calculation. How do you do this? Note: There are 2 correct answers to this question. By marking the cost indicator in the control key assigned to the operation. By defining a usage key in the header of the routing. By marking the Relevance to Costing indicator in the operation. By assigning a cost center to the work center in the operation.

Which of the following values can be calculated using result analysis? Note: There are 3 correct answers to this question. Reserves for unrealized costs. Cost of goods manufactured. Work in progress. Gross margin. Cost of sales.

Which of the following steps are part of the procedure to update the standard price of the material? Note: There are 2 correct answers to this question. Archive the cost estimates. Split the costs. Mark the cost estimate. Release the cost estimate.

You create a new profit center. Which company code(s) is it assigned to by default?. All company codes where profit center accounting is activated. All company codes to which the profit center standard hierarchy is assigned to. All company codes maintained in your authorization profile. All company codes within the controlling area.

You want to setup integrated planning for your internal order. What do you need to do? Note: There are 2 correct answers to this question. Set the relevant indicator in the controlling area. Set the relevant indicators in the CO version. Set the relevant indicator in the planning profile of the order type. Set the relevant indicator in the internal order master record.

You want to use budget availability control for your projects and internal orders. What can you check using budget availability control? Note: There are 2 correct answers to this question. The availability of funds in object currency. The availability of funds on period level. The availability of funds using overall plan value. The availability of funds according to tolerance limits.

Which statements are relevant to the cost of sales accounting method in profitability management? Note: There are 2 correct answers to this question. It aims to match revenues for goods and services against sales-related expenses. It aims to summarize activity and situational change for a given organizational unit over a period of time. It presents revenues, primary expenses, changes in stock, WIP, and capitalized activities. It presents the costs and revenues information in a format that is ideal for conducting margin analyses.

At which level do you define the valuation method for results analysis?. Plant. Company code. Operating concern. Controlling area.

You are creating new activity type and want to maintain plan prices for a cost center. Which attribute must you configure in the activity type master record? Note: There are 3 correct answers to this question. CO version. Activity type category. Valid cost center categories. Price indicator. Company code.

Which of the following objects can be selected in templates for activity-based costing? Note: There are 2 correct answers to this question. Internal order. Cost center/activity type. WBS element. Business process.

You are configuring internal order settlement. What do you define which cost element should be settled, using either the original settlement cost elements? Note: Only one option is correct. Allocation structure. Settlement rule. Credit component (of the costing sheet). Settlement profile.

How do you define the relationship between an operating concern and a controlling area?. Many-to-one (N:1). One-to-many (1:N). Many-to-many (N:M). One-to-one (1:1).

Which type of Profitability Analysis updates the cost of goods sold at the time of delivery?. Costing-based only. Periodic-accounting based. Both account-based and costing-based. Account-based only.

What can you configure in the settlement profile? Note: There are 2 correct answers to this question. Define a number range for settlement document. Determine an overhead key. Define document management parameters. Determine whether settlement is required.

Which of the following statements best describe Product Cost by Order? Note: There are 2 correct answers to this question. It is used when controlling by individual production lots or discrete quantities is needed. It is used when full cost traceability is needed. It is used when you perform repetitive manufacturing. It is recommended for products with a long production time.

What values flow from Sales and Distribution billing to costing-based Profitability Analysis? Note: There are 2 correct answers to this question. Value of conditions of pricing procedure. Value of "Gross Margin 2". Production variances split by variance categories. Cost of goods sold split by cost components.

You use a production order with Product Cost by Period and you entered a results analysis key and variance key. How does the system calculate variances in Product Cost by Period?. Variances = Actual costs - Delivery value - WIP. Variances = Target costs - Delivery value - WIP. Variances = Actual costs - Delivery value. Variances = Target costs - Delivery value.

Which scenarios can be covered by the costing run? There are 2 correct answers to this question. Inventory cost estimate of all the materials in one plant. Current cost estimate of all the materials in all controlling areas. Standard cost estimate of all the materials in all plants of a controlling area. Product cost collector cost estimate in one plant.

How do you maintain number range intervals in Controlling?. By account type. By business transactions. By cost element category. By document type.

To which object do you assign a costing sheet?. Transfer control. Valuation variant. Cost component structure. Costing variant.

How does SAP S/4HANA determine if a characteristic value is valid in Profitability Analysis?. By defining the characteristic value in the field catalog. By defining the characteristic value as a value field. By defining the characteristic value in the check table. By defining the characteristic value as a key figure.

Which of the following statements apply to SAP S/4HANA embedded analytics? Note: There are 2 correct answers to this question. It is hosted on the SAP Cloud Platform and integrates seamlessly on the SAP S4/HANA on the Fiori launchpad. It uses core data services (CDS) views to create virtual data models (VDMs) for reporting. It is the core SAP S4/HANA license and users the same technical stack and user interface. It is used by dedicated BI users who need to go beyond the capabilities of Strategic Analysis Tools for reporting.

How can you configure the transfer price solution in SAP S/4HANA? Note: There are 2 correct answers to this question. A. Use separate segments for each valuation. C. Use separate ledgers for each valuation. D. Use separate CO versions for each valuation. B. Use separate currency types within the same ledger for each valuation.

You have activated budget availability control against the overall value for an internal order and entered an overall budget of 10000. Actuals of 10000 were posted in the previous year. You are surprised to realize that a purchase order 1000 was created for this internal order in the current year. How is that possible? Note: There are 2 correct answers to this question. A. The purchase order has NOT generated a budget yet. B. The purchase order was entered in a different year than the budget. C. The cost element is exempted from budget availability control. D. The difference of 1000 is within the tolerance limits defined in the configuration.

Which receiver must be allowed in the settlement profile of product cost collector?. A. Cost center. C. Order. D. G/L Account. B. Material.

In the Product Cost by Order process, what does the system calculate depending on the order status?. D. WIP at percentage of completion (PoC) method or variances. B. WIP at actual costs or variances. A. Both WIP and variances. C. WIP at target costs or variances.

You post a billing document for a sales order with sales order controlling. What data flows to Profit Center Accounting? Note: There are 2 correct answers to this question. C. Payment Discount. D. Revenues. A. Sales deductions. B. Order quantity.

You create alternative CO versions for your controlling area, in addition to version 0. What would you use additional CO versions for? Note: There are 2 correct answers to this question. B. To store different plan data. D. To store different budget data. C. To store data of parallel valuation. A. To store data of alternative plan costing runs.

You want enable WIP calculation in Product Cost by Period. What do you need to configure? Note: Only one correct answer. A. Settlement profile. B. Valuation variant. C. Profitability Analysis (PA) transfer structure. D. Variance variant.

Which statements best describes a single cost center standard hierarchy?. A. It is a structure to which all cost center groups create for a controlling area are assigned. D. It is a structure to which all the cost centers within a controlling area are assigned. B. It is a structure to which all cost center groups created within an operating concern are assigned. C. It is a structure to which all the cost centers within an operating concern are assigned.

You have implemented Product Cost by Sales Order in conjunction with revenue-based results analysis in your organization. For a particular sales order item, you have the following: Plan revenue = 3000; Plan costs = 2000 Actual revenue = 1200; Actual costs = 1000 What data does the system calculate during results analysis?. C. Revenue = 1200; Cost of sales = 1000; WIP = 200. B. Revenue = 1200; Cost of sales = 1000; Reserve = 200. D. Revenue = 1200; Cost of sales = 800; WIP = 200. A. Revenue = 1200; Cost of sales = 800; Reserve = 200.

For which objects can you enter statistical key figures? Note: There are 3 correct answers to this question. D. Cost elements. B. Internal orders. A. Cost centers. E. Profit centers. C. Functional areas.

You configured an overhead costing sheet that uses the quantity-based overhead approach to calculate the overhead amount. What is required for the amount to be calculated? Please choose the correct answer. Cost accounts with the option to record quantity. Activity types with actual or plan quantities maintained. Settlement rules with valid receiver objects. Statistically figures with values for the period.

What do you get if you mark a standard price cost estimate? There are 2 correct answers for this question. A new status in the cost estimate. A future standard price. An accounting document for material ledger. A cost-based CO-PA document for material revaluation.

Which customizing activity do you perform in overhead cost controlling? Please choose the correct answer. Define cost center categories. Create value fields. Define company centers categories. Maintain costing variant parameters.

Which of the following methods is an accounting method? Choose the correct answer. A Cost-of-sales accounting. Marginal accounting. Inventory accounting. Stock list accounting.

Profit Center Accounting (PCA) is a component of logistics. Determine whether this statement is true or false. True. False.

Which of the following values can be analyzed in Profit Center Accounting (EC-PCA) but not in Profitability Analysis (CO-PA)? Choose the correct answer. Fixed Cost. Gross sales. Cash flow. Net sales.

A profit center is an organizational subunit that represents internal responsibility. Determine whether this statement is true or false. True. False.

Which of the following master data is not a part of Overhead Cost Controlling (CO- OM)? Choose the correct answer. Business processes. House Bank Master data. Cost centers. Internal orders.

Which one of these items can only be analyzed in costing-based Profitability Analysis (COPA)? Choose the correct answer. Revenues. Cost of sales. Miscellaneous accrued costs. Sales deductions.

Margin Analysis stores all transactions in the following currencies: transaction currency, local currency, and ____________________. Choose the correct answer. Profit Center Accounting (EC-PCA) Currency. Group Currency. Base Currency. Operating concern currency.

A Controlling area is ____________________________. Choose the correct answer. an organizational unit used to report internally. the key organizational unit in Profitability Analysis (CO-PA). an independent accounting unit within a client. a production facility in operations and manufacturing.

Which of the following are basic concepts of costing-based Profitability Analysis (CO- PA)? Note: There are 3 correct answers for this question. Characteristics. Internal responsibility. Profitability segments. Controlling area currency. Value fields.

In costing-based Profitability Analysis (CO-PA), the actual data is always updated in the operating concern currency. As long as no data has been posted in the operating concern, you can change the _____________________ . Choose the correct answer. Operating concern currency. Company code currency. Profit center valuation. Fiscal year variant.

All Profitability Analysis (CO-PA) relevant transactions are affected by the _______________. Choose the correct answer. valuation configuration. derivation strategy. valuation strategy. SAP system.

Derivation ________ can be created to derive user-defined characteristics. Choose the correct answer. logic. rule entries. rules. steps.

The system automatically creates the derivation for all fixed characteristics. Determine whether this statement is true or false. True. False.

Product cost estimates for materials are created in which of the following modules of SAP? Choose the correct answer. Profitability Analysis (CO-PA). Internal Order Accounting (CO-OPA). Product Cost Controlling (CO-PC). Profit Center Accounting.

The calculation type determines how the system interprets the value or quantity scale for a condition. Determine whether this statement is true or false. True. False.

The ________ consists of a sequence of user-defined condition types. Choose the correct answer. condition category. costing sheet. condition class. operating concern.

The difference between the actual cost of manufactured goods and the standard cost determined for cost objects is called _____. Choose the correct answer. Profit variance. Production variance. Revenue variance. Input variance.

According to the sales-oriented approach in CO-PA, contributions to the success of an organization are not received until a sales transaction is completed. Determine whether this statement is true or false. True. False.

__________ is a representation in the system of some aspects of your daily pricing activities. Choose the correct answer. condition type. condition table. An access sequence.

You can transfer the production cost variance categories to: Choose the correct answer. Costing-based CO-PA and Margin Analysis. Only Margin Analysis. Only costing-based CO-PA . Only to Financial (FI).

Which of the following options do you use to configure the value field charged in an Activity Allocation? Choose the correct answer. Settlement profile. Settlement structure. PA transfer structure. source structure.

When you create an internal order, you need to specify _______________so that the system can determine which settlement profile and, as a result, which settlement structure and PA transfer structure to use. Choose the correct answer. a company code. a profit center. an order type. a cost center.

Which of the following is required to execute a direct or indirect allocation of internal activities into Profitability Analysis (CO-PA)? Choose the correct answers. Note: 3 correct answers. Cost center. Profitability segment. Quantity of the activity performed. Profit center.